{"id":621618,"date":"2018-11-13T04:18:20","date_gmt":"2018-11-13T04:18:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/"},"modified":"2018-11-13T04:18:20","modified_gmt":"2018-11-13T04:18:20","slug":"smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/","title":{"rendered":"SMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs"},"content":{"rendered":"

The SME Development Authority is in talks with the World Bank for a USD 200 mn loan to finance new projects, authority head Nevine Gamea tells Amwal Al Ghad. The authority is expecting to reach a final agreement by year-end. We had noted last month<\/a> that the government had approached the bank for a USD 200 mn loan focused on youth- and women-led SMEs. The authority is also in talks with Germany\u2019s state-owned development bank KfW to provide a USD 100 mn loan to fund SMEs in the country, the authority\u2019s planning head Tarek Shash said, according to Masrawy<\/a>. The loan is expected to be disbursed in 2019.<\/p>\n","protected":false},"excerpt":{"rendered":"

The SME Development Authority is in talks with the World Bank for a USD 200 mn loan to finance new projects, authority head Nevine Gamea tells Amwal Al Ghad. The authority is expecting to reach a final agreement by year-end. We had noted last month that the government had approached the bank for a USD […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[204,2372,72,7087,331,287,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621618","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-enterpriseam","tag-finance","tag-nevine-gamea","tag-smes","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"8585c1fd-a2fe-42fa-9b90-d52136bb4b4c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"SMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs","related_issue":[621586],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/6\/.f2c42d86-ac6d-41b3-af06-38fddec66762.mp3"},"yoast_head":"\nSMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs\" \/>\n<meta property=\"og:description\" content=\"The SME Development Authority is in talks with the World Bank for a USD 200 mn loan to finance new projects, authority head Nevine Gamea tells Amwal Al Ghad. The authority is expecting to reach a final agreement by year-end. We had noted last month that the government had approached the bank for a USD […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-13T04:18:20+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"SMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs\",\"datePublished\":\"2018-11-13T04:18:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"EnterpriseAM\",\"Finance\",\"Nevine Gamea\",\"SMEs\",\"World Bank\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/smes-authority-in-talks-with-wb-for-usd-200-mn-loan-to-fund-egypt-smes\/\",\"name\":\"SMEs authority in talks with WB for USD 200 mn loan to fund Egypt SMEs - 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Gamea\u2019s announcement comes after Investment Minister Sahar Nasr announced on Sunday that her ministry is in talks with the World Bank for a USD 200\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575220,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/whos-in-the-market-for-debt-redcon-construction-msmeda\/","url_meta":{"origin":621618,"position":2},"title":"Who\u2019s in the market for debt? 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